Notice2024-30463
Submission for OMB Review; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
December 20, 2024
Issuing agencies
Agriculture Department
Full Text
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<title>Federal Register, Volume 89 Issue 245 (Friday, December 20, 2024)</title>
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[Federal Register Volume 89, Number 245 (Friday, December 20, 2024)]
[Notices]
[Pages 104072-104073]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-30463]
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Notices
Federal Register
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Federal Register / Vol. 89, No. 245 / Friday, December 20, 2024 /
Notices
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DEPARTMENT OF AGRICULTURE
Submission for OMB Review; Comment Request
The Department of Agriculture has submitted the following
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13. Comments
are requested regarding: whether the collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility; the
accuracy of the agency's estimate of burden including the validity of
the methodology and assumptions used; ways to enhance the quality,
utility and clarity of the information to be collected; and ways to
minimize the burden of the collection of information on those who are
to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology.
Comments regarding this information collection received by January
21, 2025 will be considered. Written comments and recommendations for
the proposed information collection should be submitted within 30 days
of the publication of this notice on the following website
<a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular information
collection by selecting ``Currently under 30-day Review--Open for
Public Comments'' or by using the search function
An agency may not conduct or sponsor a collection of information
unless the collection of information displays a currently valid OMB
control number and the agency informs potential persons who are to
respond to the collection of information that such persons are not
required to respond to the collection of information unless it displays
a currently valid OMB control number.
Rural Housing Service
Title: 7 CFR 1942-A, Community Facility Loans.
OMB Control Number: 0575-0015.
Summary of Collection: The Rural Housing Service (RHS) is a credit
agency within the Rural Development mission area of the U.S. Department
of Agriculture. The Community Programs Division of the RHS administers
the Community Facilities program under 7 CFR part 1942, subpart A.
Rural Development provides loan and grant funds through the Community
Facilities program to finance many types of projects varying in size
and complexity, from large general hospitals to small fire trucks. The
facilities financed are designed to promote the development of rural
communities by providing the infrastructure necessary to attract
residents and rural jobs. RHS will collect information using multiple
forms and in written format.
Need and Use of the Information: Information will be collected by
Rural Development field offices from applicants/borrowers and
consultants. The information is used to determine eligibility, project
feasibility, and to ensure borrowers operate on a sound basis and use
loan and grant funds for authorized purposes. Failure to collect proper
information could result in improper determinations of eligibility,
improper use of funds, and/or unsound loans.
Description of Respondents: Not-for-profit institutions; State,
Local or Tribal Government.
Number of Respondents: 1,640.
Frequency of Responses: Recordkeeping; Reporting: On occasion;
Annually.
Total Burden Hours: 67,749.
Rural Housing Service
Title: Single Family Housing Guaranteed Loan Program.
OMB Control Number: 0575-0179.
Summary of Collection: The Rural Housing Service, hereinafter
referred to as the ``Agency,'' is a credit agency of the U.S.
Department of Agriculture (USDA). The Agency offers supervised credit
programs to build modest housing and essential community facilities in
rural areas. Section 517(d) of Title V of the Housing Act of 1949, as
amended, provides the authority for the Secretary of Agriculture to
issue loan guarantees for the acquisition of new or existing dwellings
and related facilities to provide decent, safe, and sanitary living
conditions and other structures in rural areas.
The purpose of the Single-Family Housing Guaranteed Loan Program
(SFHGLP) is to assist low and moderate-income individuals and families
in acquiring or constructing a single-family residence in designated
rural areas with loans originated and serviced by private lenders.
Eligibility for this program includes very low, low, and moderate-
income families or persons whose income does not exceed 115 percent of
the median income for the area, as determined by the Secretary.
The SFHGLP was authorized under the Cranston-Gonzalez National
Affordable Housing Act and the Agency issued a final rule implementing
the SFHGLP on April 17, 1991, under 7 CFR part 1980-D. The program
launched as a pilot in 20 States on May 17, 1991, and was offered
nationwide in 1992. During the implementation process, the Agency
explored methods of improving the program to structure it for use in
the mortgage lending community.
Need and Use of the Information: Information is collected from both
a potential homebuyer and lender. To participate in the program,
lenders must submit to standards which ensure the loan objectives of
the SFHGLP are met. The lender submits qualifications to the Agency and
enters into an agreement that outlines both the lender and Agency's
commitments and responsibilities under the guaranteed program.
Information from a homebuyer includes financial documents such as
confirmation of household income, assets and liabilities, a credit
record, evidence the homebuyer has adequate repayment ability for the
loan amount requested and if the condition and location of the property
meet program guidelines. All information collected is vital for the
Agency to determine if borrowers qualify for all assistance for which
they are eligible.
Description of Respondents: Business or other for-profit; State,
Local or Tribal Government.
Number of Respondents: 1,600.
Frequency of Responses: Reporting: Monthly; Quarterly; Annually.
[[Page 104073]]
Total Burden Hours: 471,052.
Levi S. Harrell,
Departmental Information Collection Clearance Officer.
[FR Doc. 2024-30463 Filed 12-19-24; 8:45 am]
BILLING CODE 3410-XV-P
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